Katter v. Hardin

Prior to the 17th day of January, 1924, appellee owned two lots in the city of Port Smith, and appellant owned a 326-acre farm in LePlore County, Oklahoma, about four miles south of Port Smith, and on that day and the following day they entered into contracts for the exchange of these properties, which contracts were consummated by the exchange of deeds dated January 26, 1924. There were incumbrances on both properties, and the contracts provided for the adjustment and assumption thereof. After the execution and delivery of these deeds, each party went into possession of the property conveyed…